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2022
Flag → Flag
Exports $10.5BRnk 12 / 224
2022
Flag → Flag
Top Product $742MRefined Petroleum
2022
Flag → Flag
Exports $7.26BRnk 4 / 218
2022
Flag → Flag
Top Product $831MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.11Rnk 23 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.01Rnk 27 / 133
2022
Flag  
GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
 GDP$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
GDP PC $55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH14.5%CURRENT US$
Rnk 99 / 186

About

Netherlands-Denmark Trade: In 2022, Netherlands exported $10.5B to Denmark. The main products that Netherlands exported to Denmark were Refined Petroleum ($742M), Computers ($514M), and Broadcasting Equipment ($479M). Over the past 5 years the exports of Netherlands to Denmark have increased at an annualized rate of 8.46%, from $7.01B in 2017 to $10.5B in 2022.

In 2020, Netherlands exported services to Denmark worth $3.31B, with Transportation ($1.66B), Other business services ($735M), and Royalties and license fees ($453M) being the largest in terms of value.

Denmark-Netherlands Trade: In 2022, Denmark exported $7.26B to Netherlands. The main products that Denmark exported to Netherlands were Refined Petroleum ($831M), Electricity ($479M), and Other Engines ($263M). Over the past 5 years the exports of Denmark to Netherlands have increased at an annualized rate of 12.4%,  from $4.05B in 2017 to $7.26B in 2022.

In 2020, Denmark exported services to Netherlands worth $2.59B, with Transportation ($1.46B), Other business services ($430M), and Computer and information services ($182M) being the largest in terms of value.

Comparison: In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). That same year, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Latest Trends

June, 2024

About

Overview In June 2024, Netherlands exported €820M and imported €732M from Denmark, resulting in a positive trade balance of €88M. Between June 2023 and June 2024 the exports of Netherlands have decreased by €-41M (-4.76%) from €861M to €820M, while imports decreased by €-4M (-0.54%) from €736M to €732M.

Trade In June 2024, the top exports of Netherlands to Denmark were Undefined (€137M), Telecommunications equipment, n.e.s., and parts, n.e.s.,... (€44M), Petroleum oils and oils obtained from... (€43M), Crude vegetable materials, n.e.s. (€21M), and Medicaments (including veterinary medicaments) (€19M). In June 2024 the top imports of Netherlands from Denmark were Petroleum oils and oils obtained from... (€53M), Undefined (€29M), Motor cars and other motor vehicles... (€26M), Residual petroleum products, n.e.s., and related... (€20M), and Crude vegetable materials, n.e.s. (€16M).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (June 2023 - June 2024)€-41M(-4.76%)
IMPORT GROWTH (June 2023 - June 2024)€-4M(-0.54%)

This section shows exports and imports data at subnational level for Netherlands. Click any date in the line plot or any product to explore the exports or imports behavior of Netherlands over time.

To check Denmark and Netherlands trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Denmark and Netherlands Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Netherlands exported $10.5B to Denmark. The main products exported from Netherlands to Denmark were Refined Petroleum ($742M), Computers ($514M), and Broadcasting Equipment ($479M). During the last 5 years the exports of Netherlands to Denmark have increased at an annualized rate of 8.46%, from $7.01B in 2017 to $10.5B in 2022.

In 2017, Denmark exported $7.26B to Netherlands. The main products exported from Denmark to Netherlands were Refined Petroleum ($831M), Electricity ($479M), and Other Engines ($263M). During the last 5 years the exports of Denmark to Netherlands have increased at an annualized rate of 12.4%, from $4.05B in 2022 to $7.26B in 2017.

Exports from Netherlands (Flag) to Denmark (Flag) (2022)

Exports from Denmark (Flag) to Netherlands (Flag) (2022)

Market Competitiveness

Color
Netherlands
Top DestinationGermany$131B
Denmark
Top DestinationGermany$18.9B

This map shows whether countries import more from Netherlands or Denmark. Each country is colored based on the difference in imports they receive from Netherlands and Denmark or the difference in the growth in imports.

In 2022, countries that imported more from Netherlands than Denmark included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2022, countries that imported more from Denmark than Netherlands included Norway ($6.53B), Greenland ($587M), and Marshall Islands ($204M).

Difference in imports from Denmark (Flag) and Netherlands (Flag) (2022)

Comparative Advantage Netherlands - Denmark

Flow
Scale

This chart compares trade between Netherlands and Denmark by product, considering products traded by both, Netherlands and Denmark.

During 2022, Netherlands had a large net trade with Denmark in the exports of Machines ($2.73B), Mineral Products ($1.24B), and Chemical Products ($1.08B).

During 2017, Denmark had a large net trade with Netherlands in the exports of Mineral Products ($1.66B), Machines ($1.42B), and Chemical Products ($709M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Denmark+$82.3MRefined Petroleum
Top Product Potential Denmark Netherlands+$148MPackaged Medicaments

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2020, Netherlands exported services to Denmark worth $3.31B, with Transportation ($1.66B), Other business services ($735M), and Royalties and license fees ($453M) being the largest in terms of value.

In 2020, Denmark exported services to Netherlands worth $2.59B, with Transportation ($1.46B), Other business services ($430M), and Computer and information services ($182M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Netherlands (Flag) to Denmark (Flag) (2020)

Services Exports from Denmark (Flag) to Netherlands (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Netherlands and Denmark. This means that a dot/product with the flag of Netherlands indicates it has a comparative advantage over Denmark. Similarly, a dot/product with the flag of Denmark indicates it has a comparative advantage over Netherlands.

Product Space of Netherlands (Flag) and Denmark (Flag) (2022)

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